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104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB4552

Introduced 1/30/2026, by Rep. Bob Morgan

SYNOPSIS AS INTRODUCED:

See Index

Amends the Illinois Insurance Code. Changes the title of the Urban
Property Insurance Article to the Availability of Property Insurance
Article. Establishes an association, which shall be commonly referred to
as the Illinois FAIR ("Fair Access to Insurance Requirements") Plan
Association, of all admitted insurers engaged in writing in the State, on a
direct basis, basic property insurance or any basic property insurance
component in multi-peril policies, including, without limitation, excess
and surplus insurers, but not including farm mutual companies. Replaces
all references in the Article to Industry Placement Facility or Facility
with Association and all references to Inspection Bureau with Inspector.
Sets forth provisions concerning participation in and management of the
Association. Makes changes to provisions concerning application
procedures; authorized operations for issuing policies; approval of rates;
the right to appeal; reporting requirements; making of assessments; and
powers of the Director of Insurance. Provides that an insurer shall, for
purposes of its annual report, premium tax calculations, and all
rate-making submissions, include as direct business its proportionate
share of the Association's written premium, paid losses, allocated loss
adjustment expense, and operating expenses. Repeals provisions concerning
the Industry Placement Program; premium financing; applications for
coverage of risks by the Industry Placement Facility; the Illinois
Insurance Development Fund; reimbursement of the Secretary through the
Fund; insolvency of companies; and a task force that reviews policy forms
and endorsements issued by the Industry Placement Facility. Effective
immediately.
LRB104 19733 BAB 33183 b

A BILL FOR

HB4552
LRB104 19733 BAB 33183 b
1

AN ACT concerning regulation.

Be it enacted by the People of the State of Illinois,
3
represented in the General Assembly:

Section 5.
The Illinois Insurance Code is amended by
5
changing the heading of Article XXXIII and Sections 522, 523,
6
524, 525.1, 525.3, 527, 528, 529, 529.2, 529.4, 529.5, and 530
7
and by adding Section 524.5 as follows:

(215 ILCS 5/Art. XXXIII heading)
9
ARTICLE XXXIII.

AVAILABILITY OF

URBAN
10
PROPERTY INSURANCE

(215 ILCS 5/522)

(from Ch. 73, par. 1065.69)
12

Sec. 522.
Purpose.
The purpose of this Article

This
13
article
is to make basic property insurance increasingly
14
available to the citizens of this State
,

by authorizing an
15
Association of insurers licensed to write and engaged in
16
writing basic property insurance, including multi-peril
17
policies, within this State, to make available

and to deter
18
the insurance industry from geographically redlining urban
19
areas of this State by requiring the restructuring of the
20
Industry Placement Facility and administering the FAIR Plan
21
(Fair Access to Insurance Requirements) to deliver
residential
22
property insurance to all citizens of this State on a

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reasonable access and marketing basis by offering
basic
2
property

homeowners
insurance
,

to qualified applicants,

by
3
requiring immediate
binding of eligible risks,
using

by making
4
use of
premium installment payment plans, and
by further

5
establishing reasonable service standards in its plan of
6
operation
subject to the approval and review of the Director
;
7
and, to
authorize and administer a mechanism

establish a
8
central operation facility
for the equitable distribution of
9
surpluses,
losses
,
and expenses
of the Association
in the
10
writing of the basic property insurance and homeowners
11
insurance in this State.
12
(Source: P.A. 80-1365.)

(215 ILCS 5/523)

(from Ch. 73, par. 1065.70)
14

Sec. 523.
Definitions.
)

As used in this Article:

"Association" means the association, which shall be
16
commonly referred to as the Illinois FAIR ("Fair Access to
17
Insurance Requirements") Plan Association, formed pursuant to
18
this Article by all admitted insurers engaged in writing in
19
this State, on a direct basis, basic property insurance or any
20
basic property insurance component in multi-peril policies,
21
including, without limitation, excess and surplus insurers,
22
but not including farm mutual companies.

(1)

"Basic property insurance"

"Basic Property Insurance"

24
means the coverage against direct loss to real or tangible
25
personal property at a fixed location provided in the Standard

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1
Fire Policy and Extended Coverage Endorsement
, including
2
homeowners insurance and commercial property insurance,
and
3
such vandalism and malicious mischief or such other classes of
4
insurance as may be added with respect to the property by the
5
Association

Industry Placement Facility with the approval of
6
the Director
, except insurance on automobile, farm
,
and
7
manufacturing risks
and it shall include homeowners insurance
.
8

"Director" means the Director of Insurance.

(2)
"Homeowners
insurance

Insurance
" means the personal
10
multi-peril property coverages commonly known as
homeowners
11
insurance

Homeowners Insurance
.
12

"Inspector"

(3) "Inspection Bureau(s)"
means
the division
13
or department of the Association responsible for, or an

the

14
organization or organizations designated by the
Association

15
Industry Placement Facility with the approval of the Director

16
to make
on the Association's behalf,
inspections to determine
17
the condition of the properties for which
basic property
18
insurance

basic property insurance
is sought and to perform
19
such other duties as may be authorized by the
Association.

20
Industry Placement Facility;
21

(4) "Industry Placement Facility" or "Facility" means the
22
organization formed by insurers licensed to write and engaged
23
in writing basic property insurance (including multi-peril
24
policies) within the State of Illinois to assist applicants in
25
urban areas in securing basic property insurance and to
26
formulate and administer a program for the equitable

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1
apportionment among such insurers of such basic property
2
insurance.
3

(5) "Urban Area" means any community having a blighted,
4
deteriorated or deteriorating area which the Facility has
5
designated with the approval of the Director, or which the
6
Secretary of the U.S. Department of Housing and Urban
7
Development has approved for an urban renewal project after a
8
local public agency has been formed in the community to avail
9
itself of a U.S. Housing and Urban Renewal Program, or which
10
the Director of Insurance has designated.
11

(6)
"Premiums
written

Written
" means the gross direct
12
premiums charged with respect to property in this State on all
13
policies of basic property insurance and the basic property
14
insurance premium components of all multi-peril policies less
15
return premiums, dividends paid or credited to policyholders,
16
or the unused or unabsorbed portions of premium deposits.
17
(Source: P.A. 80-1365.)

(215 ILCS 5/524)

(from Ch. 73, par. 1065.71)
19

Sec. 524.
Association application procedure

FAIR Plan
20
Procedure
.

(1) Any person having an insurable interest in
a
22
one-family to four-family residential
real
or tangible
23
personal
property at a fixed location in
this State

an urban
24
area
who, after diligent effort
,
has been unable to obtain
25
basic property insurance
in the standard insurance market
, as

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1
evidenced by
the person's written representation to the
2
Association of at least one unsuccessful attempt

3 attempts
to
3
procure such insurance, is entitled
,
upon application to the
4
Association,

Facility
to an
inspection and
evaluation of the
5
property by representatives of the
Inspector

Inspection
6
Bureau
.
Any person having an insurable interest in
7
nonresidential real property at a fixed location in this State
8
who, after diligent effort, has been unable to obtain basic
9
property insurance in the standard insurance market, as
10
evidenced by the person's written representation to the
11
Association of at least 3 unsuccessful attempts to procure
12
such insurance, is entitled, upon application to the
13
Association, to an evaluation of the property by
14
representatives of the Inspector.

(2) Any person who is an owner-resident of a
one-family to
16
four-family residential real property

one to four family
17
dwelling unit
at a fixed location in
this State

an urban area

18
and whose
basic property insurance

residential real property
19
insurance coverage
has been nonrenewed through the
standard

20
voluntary
insurance market shall be entitled
, upon

to submit a
21
binding
application
to the Association, to an evaluation of
22
the property by representatives of the Inspector

of coverage
23
to the Facility for such period of time as is required by the
24
Facility to conduct a reasonable inspection of the residential
25
real property
.
26

(2.5) Promptly after the Association receives a properly

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completed application for coverage, an evaluation in
2
accordance with the Association's then-existing underwriting
3
standards must be made by the Inspector and an evaluation
4
report must be filed with the Association. A copy of the
5
completed evaluation report must be made available to the
6
applicant upon written request. On and after the effective
7
date of this amendatory Act of the 104th General Assembly, all
8
properly completed applications must be submitted to the
9
Association by an Illinois-licensed agent registered with the
10
Association. The Association's governing committee shall
11
determine the commission rate for licensed insurance producers
12
and the method of payment for the commissions.

(3) The manner and scope of the inspection and evaluation
14
report for
a

nonresidential
property shall be
consistent with
15
reasonable underwriting standards

prescribed by the Facility
16
with the approval of the Director
. The inspection must
17
include, but need not be limited to, pertinent structural and
18
occupancy features as well as the general condition of the
19
building and surrounding structures.
Representative
20
photographs or videos

A representative photograph
of the
21
property may be taken as part of the inspection.
22

(4)
(Blank).

Promptly after the request for inspection is
23
received an inspection must be made and an inspection report
24
filed with the company or companies designated by the
25
Facility. A copy of the completed inspection and evaluation
26
report must be sent to the Facility and made available to the

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1
applicant and to insurers in the voluntary insurance market
2
upon request.
3

(5) If the
Association

Inspection Bureau
finds that the
4
residential
property meets the
Association's

reasonable

5
underwriting standards
established under Section 525
, the
6
applicant shall be so informed in writing. If the
residential

7
property does not meet the
Association's underwriting
8
standards

criteria
, the applicant shall be informed, in
9
writing, of the reasons for the failure of the
residential

10
property to meet the
underwriting standards

criteria
.
11

(6) If, at any time, the applicant makes improvements in
12
the
residential
property or its condition
that the applicant

13
which he or she
believes are sufficient to make the
14
residential
property meet the
Association's underwriting
15
standards

criteria
,
a representative of
the
Inspector

16
Inspection Bureau
shall
reevaluate

reinspect
the
residential

17
property upon request. In any case, the applicant for
18
residential property insurance shall be eligible for one
19
reevaluation

reinspection
any time beginning 60 days after
the

20
his or her
initial
evaluation

Fair plan inspection
. If
,
upon
21
reevaluation,

reinspection
the
residential
property meets the
22
reasonable underwriting standards established
by the
23
Association

under Section 525
, the applicant shall be so
24
informed in writing.
25
(Source: P.A. 81-1430.)

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LRB104 19733 BAB 33183 b
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(215 ILCS 5/524.5 new)
2

Sec. 524.5.
Participation in and management of the
3
Association.

(a) All admitted insurers engaged in writing in this
5
State, on a direct basis, basic property insurance or any
6
basic property insurance component in multi-peril policies,
7
including, without limitation, excess and surplus insurers,
8
but not including farm mutual companies, shall be members of
9
the Association. Beginning January 1, 2027, all excess and
10
surplus insurers writing in this State, on a direct basis,
11
basic property insurance or any basic property insurance
12
component in multi-peril policies, shall be members of the
13
Association.
14

(b) The Association shall be managed by a governing
15
committee of 11 persons, all serving 3-year terms, staggered
16
as provided in the Association's articles of association and
17
plan of operation. Six governing committee members shall be
18
insurers elected in a manner provided in the Association's
19
articles of association and plan of operation. Four governing
20
committee members shall be public members who are not
21
employees of, or otherwise affiliated with, the insurance
22
industry and are appointed by the Director to represent the
23
interest of insurance consumers. One governing committee
24
member shall be an Illinois-licensed insurance producer
25
appointed by the Director.
26

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LRB104 19733 BAB 33183 b
1
of the Director, adopt and maintain articles of association
2
and a plan of operation for the Association.
3

(d) Voting on administrative questions of the Association
4
shall be weighted in accordance with each insurer's premium
5
written during the second preceding calendar year, as
6
disclosed in the reports filed by the insurer with the
7
Director.
8

(e) The Association may, on its own initiative or at the
9
request of the Director, amend its articles of association and
10
plan of operation, subject to approval by the Director.

(215 ILCS 5/525.1)

(from Ch. 73, par. 1065.72-1)
12

Sec. 525.1.
Association operations authorized

Centralized
13
Operations Authorized
.
)

(1) The
Association

Industry Placement Facility
is
15
authorized
, for FAIR Plan purposes only,
to issue policies of
16
basic property insurance on real and tangible property within
17
this State

insurance and endorsements thereto
in its own name
18
or a trade name duly adopted for that purpose, and to
take
19
other actions

act on behalf of all participating insurers in
20
connection with said policies and otherwise in any manner

21
necessary to accomplish the purposes of this Article,
22
including
,
but not limited to
, establishing rules and
23
procedures for insurance applications; underwriting standards;
24
inspection standards; determining insurability of risks; rate
25
plans; maximum limits of liability; use of deductibles;

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commissions payable to the licensed insurance producers;

2
collection of premiums
;

non-renewals;
issuance of
3
cancellations
;

,
and payment of
commissions,
losses, judgments
,

4
and expenses.
5

(2)
The participating insurers shall be liable to the
6
Facility as provided in this Article, the Program and any
7
related Articles of Agreement for the expenses and liabilities
8
so incurred by the Facility, and the Governing Committee shall
9
make assessments against the participating insurers as
10
required to meet such expenses and liabilities.
In connection
11
with any policy issued by the
Association

Facility
:
(a) the
12
name and percentage participation of each participating
13
insurer shall be made available to the insured upon request to
14
the Facility; (b)

(A)
service of any notice, proof of loss,
15
legal process
,
or other communication with respect to the
16
policy may and shall be made upon the
Association

Facility
;
17
and
(B)

19
Facility
, and the
Association

Facility
shall be the proper
20
party for all purposes in any action brought under or in
21
connection with any such policy. The foregoing requirements
22
shall be set forth in any policy issued by the
Association

23
Facility and the form and content of any such policy shall be
24
subject to the approval of the Director of Insurance
.
25

(3) The
Association

Facility
is authorized to
assume and

26
cede reinsurance
in conformity with the Program
.

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(4)
The Association may outsource some or all of its
2
underwriting, claims, accounting, human resources, employee
3
benefits, information technology, and other operations to
4
third-party vendors, insurance industry support organizations,
5
or FAIR Plan associations of other states.

(a) Each insurer
6
must participate in the writings, expenses, profits and losses
7
of the Facility in the proportion that its premiums written,
8
with respect to each fund, bear to the aggregate premiums
9
written by all insurers, with respect to each said fund,
10
excluding that portion of the premiums written attributable to
11
the operation of the Facility except as otherwise provided in
12
this Section.
13

(b) The Director of Insurance shall by rule establish
14
procedures for determining the net level of participation
15
required of each insurer, which shall include the following
16
elements:
17

(i) The designation of one or more contiguous ZIP CODE
18
areas within this State wherein the insurers writing new
19
policies upon risks which they do not insure prior to the
20
effective date of this amendatory Act may receive credit
21
against their obligation for FAIR Plan risks;
22

(ii) The minimum level of participation required of all
23
insurers regardless of the amount of credit allowed but which
24
in no case shall be less than 50% of that level of
25
participation that would be required as defined in paragraph
26
(a) above;

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(iii) A designation of the type of risks for which credit
2
may be allowed, provided that credit shall not apply to
3
commercial risks where the annual premium for the policy
4
exceeds $2,000 for each fixed location;
5

(iv) The maximum level of participation required of all
6
insurers regardless of the amount of credit allowed.
7

(c) The procedures for determining levels of participation
8
and all designations, formulas, minima and maxima required by
9
this Section shall be reasonably designed to effect the intent
10
of this Article without exempting any insurer from the
11
participation requirement.
12

(5)
As determined by the Association's governing committee
13
and approved by the Director, the Association shall maintain a
14
Credit Depopulation Program that incentivizes members to
15
return Association policies to the standard insurance market.

16
Voting on administrative questions of the Facility shall be
17
weighted in accordance with each insurers' premium written
18
during the second preceding calendar year as disclosed in the
19
reports filed by the insurer with the Director.
20

(6)
The Association, with the approval of the Director,
21
may cease issuing policies of basic property insurance in its
22
own name or a trade name duly adopted for that purpose and
23
instead establish a mechanism for assigning the writing of
24
risks that meet the reasonable underwriting standards
25
established by the Association to members of the Association.

26
The Facility may on its own initiative or at the request of the

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1
Director, amend its rules or Program, subject to approval by
2
the Director.
3
(Source: P.A. 81-1426.)

(215 ILCS 5/525.3)

(from Ch. 73, par. 1065.72-3)
5

Sec. 525.3.
Approval of
rates

Rates
.
The Association

In
6
the event that the Industry Placement Facility proposes to
7
issue policies of insurance or endorsements thereto pursuant
8
to subsection (1) of Section 525.1, the Facility
shall file
9
for approval with the Director the proposed rates and
10
supplemental rate information to be used in connection with
11
the issuance of
such
policies or endorsements. Within 60 days
12
after

of
the filing of the proposed rates, the Director shall
13
enter an order either approving or disapproving, in whole or
14
in part, the rate plan filed. The Director may, upon notice to
15
the
Association

Industry Placement Facility
, extend the period
16
for entering an order under this Section an additional 30
17
days. No such policies or endorsements shall be issued until
18
such time as the Director approves the rates to be applied to
19
the policy or endorsement. An order disapproving a rate shall
20
state the grounds for the disapproval and the findings in
21
support thereof.
22
(Source: P.A. 81-1426.)

(215 ILCS 5/527)

(from Ch. 73, par. 1065.74)
24

Sec. 527.
Right to appeal.

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(1) Any applicant
whose application is rejected and any
2
policyholder whose policy is cancelled or nonrenewed by the
3
Association

or affected insurer
has the right of appeal to the
4
governing committee within 30 days after notice of the action
5
by the Association

Governing Committee
. A decision of the
6
Association's governing committee

Committee
may be appealed to
7
the Director within 30 days after such decision.
8

(2) All orders or decisions of the Director made pursuant
9
to this Article are subject to judicial review in accordance
10
with the Administrative Review Law.
11
(Source: P.A. 82-783.)

(215 ILCS 5/528)

(from Ch. 73, par. 1065.75)
13

Sec. 528.
Evaluation

Inspection
reports.
There is no
14
liability on the part of, and no cause of action against
,

15
insurers,
the
Inspector

Inspection Bureau
,
the Facility,
the
16
Association, the
Association's governing committee

Governing
17
Committee
, their agents or employees, or the Director or
the
18
Director's

his
authorized representatives, with respect to any
19
inspections
or evaluations

required to be
undertaken by this
20
Article or for any acts or omissions in connection therewith,
21
or for any statements made in any report and communication
22
concerning the insurability of the property,
or in the
23
findings required by the provisions of this Article,
or at the
24
hearings
or appeals
conducted in connection with such
25
evaluations

inspections
. The reports
, records,
and

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1
communications of the
Inspector

Inspection Bureau
,
the
2
Facility,
the Association, and
the records of
the
3
Association's governing committee

Governing Committee
are not
4
considered public documents.
5
(Source: Laws 1968, p. 15.)

(215 ILCS 5/529.2)

(from Ch. 73, par. 1065.76-2)
7

Sec. 529.2.
Making of assessments.
8

(a) The participating insurers in the Association shall be
9
liable to the Association as provided in this Article, and the
10
Association's articles of association and plan of operation,
11
for the expenses and liabilities of the Association. If the
12
Association generates a loss in a financial year, the
13
Association may assess the loss to its then-members pursuant
14
to this Article, and the members shall pay to the Association
15
their assessed amounts within 30 days after the assessment. If
16
the Association generates a profit in a financial year, it may
17
distribute the profit to its then-members pursuant to this
18
Article, or it may retain the profit to offset past or future
19
losses.
20

(b) If there is an assessment or refund, the amount of each
21
member's assessment or refund shall be calculated by
22
multiplying the amount of the assessment or refund by a
23
fraction, the numerator of which is the member's direct
24
property insurance premiums earned in this State and the
25
denominator of which is the aggregate of such premiums for all

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1
Association members for that year, and then adjusting the
2
assessment or refund pursuant to the then-existing Credit
3
Depopulation Program.
4

(c) If any member fails to pay an assessment, by reason of
5
insolvency, the Association shall redistribute that insolvent
6
member's assessment amount among the remaining Association
7
members.

8
Whenever the Secretary shall, in accordance with the Act,
9
present to the State a request for reimbursement under the
10
Act, the Fund shall immediately assess all companies which,
11
during the calendar year with respect to which reimbursement
12
is requested by the Secretary, are engaged in writing property
13
insurance in this State. The amount of each such company's
14
assessment shall be calculated by multiplying the amount of
15
the reimbursement requested by the Secretary by a fraction the
16
numerator of which is the company's direct property insurance
17
premiums earned in this State and the denominator of which is
18
the aggregate of such premiums for all companies. Within 30
19
days following the end of each full calendar quarter, each
20
company shall pay to the Fund an amount equal to one-twelfth of
21
the company's assessment.
22
(Source: P.A. 76-714
.)

(215 ILCS 5/529.4)

(from Ch. 73, par. 1065.76-4)
24

Sec. 529.4.
Insurer's proportionate share.
An insurer
25
shall, for purposes of its annual report, premium tax

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calculations, and all rate-making submissions, include as
2
direct business its proportionate share of the Association's
3
written premium, paid losses, allocated loss adjustment
4
expense, and operating expenses.

Whenever the fund shall
5
assess insurers in accordance with this Section, each insurer
6
may charge an additional premium on every property insurance
7
policy issued by it insuring property in this state, the
8
effective date of which policy is within the 3 year period
9
commencing 90 days after the date of assessment by the Fund.
10
The amount of the additional premium shall be calculated on
11
the basis of a uniform percentage of the premium on such
12
policies equal to 1/3 of the ratio of the amount of an
13
insurer's assessment to the amount of its direct earned
14
premiums for the calendar year immediately preceding the year
15
in which the assessment is made, such that over the period of 3
16
years the aggregate of all such additional premium charges by
17
an insurer shall be equal to the amount of the assessment of
18
such insurer. The minimum additional premium charged on a
19
policy may be $1.00 and any other additional premium charged
20
may be rounded to the nearest dollar.
21
(Source: P.A. 76-714
.)

(215 ILCS 5/529.5)

(from Ch. 73, par. 1065.76-5)
23

Sec. 529.5.
Association's annual report.

The
Association

24
Industry Placement Facility
shall compile an annual operating
25
report, and publish such report
on its website, or by other

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1
means approved by the Director

in at least 2 newspapers having
2
widespread circulation in the State
, which report shall
3
include:
4

(1) a description of the origin and purpose of the
5
Association

Illinois Fair Plan
and its relationship to the
6
property and casualty insurance industry in Illinois;
7

(2) a financial statement specifying the amount of profit
8
or loss incurred by the Facility for its financial year; and
9

(3) a disclosure as to the amount of subsidization per
10
type of policy written by the
Association

Facility
, which is
11
provided by the property and casualty insurance companies
12
operating in Illinois, if any.
13

This annual report shall be a matter of public record to be
14
made available to any person requesting a copy from the
15
Facility at a fee not to exceed $10 per copy. A copy shall be
16
available for inspection at the Department of Insurance.
17

The Association shall pay any Fire Marshal tax and is not
18
required to file an annual statement.

19
(Source: P.A. 93-32, eff. 7-1-03.)

(215 ILCS 5/530)

(from Ch. 73, par. 1065.77)
21

Sec. 530.
Powers of the Director.
)

In addition to any
22
powers conferred upon
the Director

him
by this or any other
23
law, the Director is charged with the authority to
regulate

24
supervise
the
Inspector

Inspection Bureau
, the Facility
and
25
the Association. In addition
,
the Director or any person

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designated by
the Director

him
has the power:
2

(1) to examine the operation of the
Facility and

3
Association through free access to all the books, records,
4
files, papers
,
and documents relating to
the Association's

5
their
operation and may summon, qualify
,
and examine as
6
witnesses all persons having knowledge of such operations
7
including officers, agents
,
or employees thereof;
8

(2)
(blank);

to do all things necessary to enable the
9
State of Illinois and any insurer participating in any Program
10
approved by the Director to fully participate in any federal
11
program of reinsurance which may be enacted for purposes
12
similar to the purposes of this Article;
13

(3) to require such reports from insurers concerning risks
14
insured under any Program approved pursuant to this Article as
15
the Director

he
may deem necessary;
16

(4) to approve a homeowners policy
form or homeowners
17
policy forms

form(s)
for the
Association

Industry Placement
18
Program
.
19

(5) To require the
Association

Insurance Placement Program

20
to develop marketing programs which will deter urban redlining
21
and other unfairly discriminatory geographic underwriting
22
programs by making readily available
basic property insurance

23
basic property insurance
.
24

(6) to permit modification of the Standard Fire Policy
25
issued by the
Association

facility
for non owner-occupied
26
residences exceeding
4

four
units,
as long as

after the

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1
director has conducted a public hearing which establishes that

2
such modifications:
3

(A)

1)
will provide for equitable settlements of loss;
4

(B)

2)
will discourage arson for profit; and
5

(C)

3)
will encourage neighborhood revitalization,
6

while maintaining the interests of the insured and the
7

Association

facility
.
The Director shall confer with the
8

facility to establish criteria by which it can be
9

determined whether such modification of the Standard Fire
10

Policy is accomplishing its objectives. The Director shall
11

conduct, within two years of any modification of the
12

Standard Fire Policy, a public hearing to determine
13

whether such modification has accomplished the three
14

preceding objectives. In the event that such public
15

hearing does not establish that such objectives are being
16

accomplished, then the Director shall rescind the
17

modification of the Standard Fire Policy, or further
18

modify such policy to accomplish the objectives.
19
(Source: P.A. 82-499.)

(215 ILCS 5/525 rep.)
21

(215 ILCS 5/525.2 rep.)
22

(215 ILCS 5/525.4 rep.)
23

(215 ILCS 5/529 rep.)
24

(215 ILCS 5/529.1 rep.)
25

(215 ILCS 5/529.3 rep.)

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1

(215 ILCS 5/530a rep.)
2

Section 10.
The Illinois Insurance Code is amended by
3
repealing Sections 525, 525.2, 525.4, 529, 529.1, 529.3, and
4
530a.

Section 99.
Effective date.
This Act takes effect upon
6
becoming law.

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INDEX

Statutes amended in order of appearance

215 ILCS 5/Art. XXXIII
4

heading
5

215 ILCS 5/522
from Ch. 73, par. 1065.69
6

215 ILCS 5/523
from Ch. 73, par. 1065.70
7

215 ILCS 5/524
from Ch. 73, par. 1065.71
8

215 ILCS 5/524.5 new
9

215 ILCS 5/525.1
from Ch. 73, par. 1065.72-1
10

215 ILCS 5/525.3
from Ch. 73, par. 1065.72-3
11

215 ILCS 5/527
from Ch. 73, par. 1065.74
12

215 ILCS 5/528
from Ch. 73, par. 1065.75
13

215 ILCS 5/529.2
from Ch. 73, par. 1065.76-2
14

215 ILCS 5/529.4
from Ch. 73, par. 1065.76-4
15

215 ILCS 5/529.5
from Ch. 73, par. 1065.76-5
16

215 ILCS 5/530
from Ch. 73, par. 1065.77
17

215 ILCS 5/525 rep.
18

215 ILCS 5/525.2 rep.
19

215 ILCS 5/525.4 rep.
20

215 ILCS 5/529 rep.
21

215 ILCS 5/529.1 rep.
22

215 ILCS 5/529.3 rep.
23

215 ILCS 5/530a rep.

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INS-FAIR PLAN ASSOCIATION

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INS-FAIR PLAN ASSOCIATION

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